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Author Topic: Bitcoin or gold?  (Read 984412 times)
DIMKAZDS
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November 13, 2017, 05:54:06 PM
 #9701

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
I think that you should invest in both as both of them will strengthen different aspects of your portfolio. Bitcoin, being one the fastest growing investments in the world will increase the rate of growth of toe portfolio and gold, being the most popular investment in the world will make your investment more stable in the long run. This diversification can help you eanr higher profits in less time.
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Tamim121
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November 13, 2017, 06:40:08 PM
 #9702

Bitcoin and gold are not same. There are differency in functions. I don't know whether we can compare gold and bitcoin. Bitcoin is a digital and technical currency, bitcoin should be used for expenses. Beside, gold is an investment asset, for which the main function of gold is the protection of wealth. We can said that Bitcoin can be used for protecting the wealth also.

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November 13, 2017, 07:10:13 PM
 #9703

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
i think both,but gold is for lifetime investment.
will not classify gold as a depreciating asset. And I have strong reasons to believe that the gold price will increase in the near future. Right now, the biggest consumers of gold are China , India and usa. In India, it is mostly used to make gold jewelry. As the living standards improve there, the demand for gold jewelry will also increase. And don't forget that India is having a population of 1.3 billion. The surge in demand is going to be astronomical
Redanim
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November 13, 2017, 10:59:02 PM
 #9704

I would certainly chose investing in gold. It is better for investing in gold which is already was checked by hundreds of years and you will know that nothing will happen with your money, only maybe little bit gold exchange rate can change. Investing in bitcoin of course it would be possible but at great risk, knowing that bitcoin could fall in a few minutes to minimum and u can lose all your money, then of course gold would be in the first place.
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November 14, 2017, 12:29:16 AM
 #9705

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
Short term i would choose bitcoin but long term would be gold. The value of bitcoin at the moment is good but constantly fluctuating. While the value of gold is constantly increasing as time passes by. Consider also the fluidity of both item and gold has a big advantage over bitcoin when it comes to that aspect.
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November 14, 2017, 01:59:54 AM
 #9706

I' do both, but take bitcoin over gold simply because I'm a pyschic and I see that in 10 years, Bitcoin would be worth 100million each.


Both of them has a price or quivalent value but i prefer to more commend bitcoin as of now because as you can see the price of bitcoin you can actually say that it is too high for now reaching $7k and it is really good for those bitcoin holders and to those who are earning bitcoin.

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November 14, 2017, 04:54:21 AM
 #9707

Gold is a very interesting element out there, but despite it's appeal, it is very hard for me to consider it money.

Its the same as diamonds, emeralds and rubys, all of them are shiny precious assets, but none of them are money, they are just valuable commodities Smiley

Bitcoin is money.
If we make a comparison in between gold and that of bitcoin, then we’ll get to know that it is bitcoin which is far better than that of gold from investment point of view. Gold is having very stable price and there is nothing fruitful which you can get by investing in gold.

Moreover, bitcoin holds a very bright future. So, you need to make a wise decision if you actually want to have something good in your life.
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November 14, 2017, 10:15:30 AM
 #9708

I' do both, but take bitcoin over gold simply because I'm a pyschic and I see that in 10 years, Bitcoin would be worth 100million each.


Both of them has a price or quivalent value but i prefer to more commend bitcoin as of now because as you can see the price of bitcoin you can actually say that it is too high for now reaching $7k and it is really good for those bitcoin holders and to those who are earning bitcoin.
Bitcoin is more profitable compared to gold, bitcoin is still in the process of showing its usefulness to the world so the value is still
very cheap now and I can say it was undervalued. If we buy now we have a big chance to make a big profit in the future once the success will continue.
I would choose bitcoin always because it's giving me profit and I will focus on this as I know it still has more rooms to grow.

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November 14, 2017, 10:23:56 AM
 #9709


Of course , I love to have both. The one that can be touch "gold" and the other just for my mind "BITCOIN".
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November 14, 2017, 10:42:07 AM
 #9710

I' do both, but take bitcoin over gold simply because I'm a pyschic and I see that in 10 years, Bitcoin would be worth 100million each.


Both of them has a price or quivalent value but i prefer to more commend bitcoin as of now because as you can see the price of bitcoin you can actually say that it is too high for now reaching $7k and it is really good for those bitcoin holders and to those who are earning bitcoin.
Bitcoin is more profitable compared to gold, bitcoin is still in the process of showing its usefulness to the world so the value is still
very cheap now and I can say it was undervalued. If we buy now we have a big chance to make a big profit in the future once the success will continue.
I would choose bitcoin always because it's giving me profit and I will focus on this as I know it still has more rooms to grow.
The same thing here, like what you've said bitcoin is more profitable rather than gold in terms of investment, that's why I keep holding bitcoin and keep buying when it's going to low in value like what happened now. When you notice the price chart of bitcoin today, you could see that it is split on $6000 below but suddenly rise up again. So much better if keep,on monitoring so that we could noticed quickly the suddenly price down of btc.
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November 14, 2017, 10:45:27 AM
 #9711

Comparing as something as that is pointless to be frank why would someone compare a material thing with a digital currency that has nothing to do with a digital ranking on even some altcoins itself.
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November 14, 2017, 12:37:04 PM
 #9712

Well for me it is Gold because the value of gold remains the same even if the internet or technology will lost still it has a value compared to the bitcoin when technology lost and the value of bitcoin will also lost too because it is now useless because technologies has been down and no one now can access on it alike on gold even if many years passes by still it was precious and still become precious till the end of our world.
Same here because the demand of the bitcoin is now very high and all the people are aware of the bitcoin value and the price I hope the future of the bitcoin is better than the gold the demand of the gold is not very high because all the people are willing to invest in the bitcoin and to have the secure future they will buy the bitcoin and will hold till the time will not be very low I can see the value of the bitcoin is very good.
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November 14, 2017, 01:05:21 PM
 #9713

Well for me it is Gold because the value of gold remains the same even if the internet or technology will lost still it has a value compared to the bitcoin when technology lost and the value of bitcoin will also lost too because it is now useless because technologies has been down and no one now can access on it alike on gold even if many years passes by still it was precious and still become precious till the end of our world.
Same here because the demand of the bitcoin is now very high and all the people are aware of the bitcoin value and the price I hope the future of the bitcoin is better than the gold the demand of the gold is not very high because all the people are willing to invest in the bitcoin and to have the secure future they will buy the bitcoin and will hold till the time will not be very low I can see the value of the bitcoin is very good.

I will disagree to the both of you, Yes Gold remains the same but gold is an old popular that we use before. Yes it will remain eventhough it doesn't have an internet but bitcoin is new and it is popular. Bitcoin really a big help because eventhough your always in your house but you can gain income, money where you can use through financial. Sometimes you will be worried by bitcoins price because it goes down but when you know how to wait until it goes up then you can gain much income. Value of bitcoin can secure future, in this new generation, we dont have any gold, our gold is bitcoin and to tell you something, Bitcoin really a good help, Indeed.
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November 14, 2017, 01:27:44 PM
 #9714

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

I would still choose bitcoin because of the greater profit even though the risk is also great

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November 14, 2017, 03:34:04 PM
 #9715

I chose both, some of which I will store in the form of bitcoin and partly in gold. it is a prolonged investment. although bitcoin is very volatile but it has a very high exchange rate while gold has a stable value and has been proven to last for a very long time. all have their own weaknesses and advantages.

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November 14, 2017, 04:00:57 PM
 #9716

I chose both. I think gold is best but gold is an old popular that is use before.  We know, Bitcoin is the best currency of online Market. We used Bitcoin any time. Bitcoin can can change the user life.. it used  many different ways. Bitcoin really a big  help because  even though allwas it use your hose... So Bitcoin is great
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November 14, 2017, 11:50:55 PM
 #9717

I chose both, some of which I will store in the form of bitcoin and partly in gold. it is a prolonged investment. although bitcoin is very volatile but it has a very high exchange rate while gold has a stable value and has been proven to last for a very long time. all have their own weaknesses and advantages.
We are free to choose both if we have the capacity to invest, this is all about investing and that requires capital in order to buy gold and bitcoin.
For me, I know it's hard to invest on gold and the return is really not good if you do not invest a decent amount, I would only choose bitcoin because it's more profitable for small investors like me.
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November 15, 2017, 05:16:57 AM
 #9718

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
Gold. Simply because It has been there for a thousand years. You cannot eliminate it off the system of financing and it gives value to fiat money. Value appreciates as time goes by.
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November 15, 2017, 02:20:41 PM
 #9719

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
I'll choose both. I'll convert some into gold and others into bitcoin. Yes, bitcoin has only been for 5 years but still it is active until now, and many people are getting into it. It keeps on growing and growing. Bitcoin will not let itself to fall down easily, they make a way to be known by everyone, to become more powerful. Gold, as all we know is very valuable and has a high value, and I believe that it will last for many more years.
If we make a comparison in between bitcoin and that of gold, then we’ll be easily convinced that at the very present moment, it is bitcoin which is far better from earning point of view than that of gold. Gold is having a very stable market price and it is not that much beneficial for all of us as is bitcoin. Bitcoin is the future and we all need to invest in bitcoin right now if we want to have comfortable lives in the coming days.
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November 15, 2017, 02:48:14 PM
 #9720

Both
I'd rather choose bitcoin because the value of bitcoin is getting high unlike the gold steady what is the price from now. Unlike bitcoin you can wait the price in the near future and you can be satisfied what is the value, and answer your daily needs.
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